Construction & Real Estate

With an extensive array of public works projects stretching across sectors as varied as transport, tourism, construction materials and culture, opportunities are numerous for further exploitation in Algeria’s construction sector. Roads are a priority, and special efforts have been made to develop urban rail systems as an additional measure to help ease congestion. Projecting an estimated value of $21.7bn in 2012, the construction industry will continue to be a primary driver of growth for the medium to long term. In real estate, development remains largely positive, driven by significant government and private sector investments to increase housing availability and realise several major real estate projects. Efforts are also being made to attract foreign investment by offering tax exemptions, new payment methods for raw materials and revisions to the commercial code, among other incentives. This chapter contains an interview with Robert Card, President and CEO, SNC-Lavalin Group.